iStreet Network Ltd — Important, 02-09-2025: Company Update
02-09-2025 | 01:15 am
02-09-2025 | 01:15 am
iStreet Network's Board has approved a significant change to its capital structure. The company plans to alter the capital clause in its Memorandum of Association, increasing its authorized share capital from the current 20 Cr (comprising 5 Cr equity shares of Rs. 4 each) to 80 Cr (comprising 20 Cr equity shares of Rs. 4 each). This expansion provides the company with substantially greater capacity and flexibility for future capital raising initiatives and share issuances, pending final approval from shareholders.
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